Trump says U.S. government taking a 10% stake in tech giant Intel

President Trump announced that Intel has agreed to grant the U.S. government a 10% stake in the company, following a meeting with CEO Lip Bu Tan. The $8.9 billion investment, funded by unallocated government grants, aims to strengthen the U.S. semiconductor industry and reduce reliance on foreign chip production, amidst ongoing national security concerns related to Chinese tech investments.

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